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- Trump says US is ‘totally destroying’ Iran as he issues chilling thr...
Trump spoke out amid rumors Mojtaba Khamenei is dead or gravely injured after he has not been seen in public since taking office. [TheTopNews] Read More.2 days ago - Mortgage rates moved slightly higher this week
Rising bond yields may keep rates above 6% for a while By Mark Huffman of ConsumerAffairs March 13, 2026 30-year mortgage rate rises to 6.11%, returning to roughly the same level seen last month, according to Freddie Mac. Rates remain lower than a year ago, when the average 30-year mortgage was 6.65%. Early signs of spring housing activity are emerging, with existing-home sales rising 1.7% in February and purchase applications increasing. Mortgage rates ticked up slightly this week but remain lower than they were a year ago, a trend that could help support demand as the spring homebuying season begins. Freddie Mac said Thursday that the average rate on a 30-year fixed mortgage rose to 6.11% for the week ending March 12, up from 6.00% the previous week. At the same time last year, the average rate was 6.65%, meaning borrowing costs remain more than half a percentage point lower than a year earlier. The average 15-year fixed mortgage a common option for homeowners refinancing or seeking shorter loan terms increased slightly to 5.50%, compared with 5.43% last week and 5.80% a year ago. Sam Khater, Freddie Macs chief economist, said the modest increase still leaves rates within a range that buyers appear willing to accept. The 30-year fixed-rate mortgage returned to last months level of 6.11%, Khater said. Despite the modest uptick, buyers are responding to rates in this range, with existing-home sales increasing 1.7% in February. More people taking out mortgages Khater also pointed to a recent rise in mortgage purchase applications, which track demand from prospective homebuyers. The increase suggests buyers are beginning to reenter the market as the traditionally busy spring season approaches. Lower borrowing costs compared with last year could help boost affordability for some buyers, even though mortgage rates remain well above the ultra-low levels seen during the pandemic housing boom. For a typical borrower, the difference between a 6.65% rate last year and 6.11% today can translate into meaningful monthly savings. Still, affordability challenges persist due to elevated home prices and limited housing supply in many markets. Even so, the recent stability in mortgage rates could encourage more buyers who had been waiting on the sidelines to start shopping. If purchase applications and home sales continue to rise in the coming weeks, it may signal that the spring housing market is gaining momentum… [TheTopNews] Read More.2 days ago - Delivery Service Company Faces Allegations of Pregnancy Discrimination in Louisi...
The U.S. Equal Employment Opportunity Commission (EEOC) filed an action in federal court to enforce a subpoena issued during its investigation into allegations against JamRock Solutions LLC. JamRock Solutions is an Amazon delivery service partner, and a charge received by … [TheTopNews] Read More.2 days ago - Iran hits Dubai’s International Financial Centre with kamikaze drone as de...LIVE: Follow the latest developments on the US-Israel war with Iran as Iranian drone strike causes buildings to shake in the city's financial centre. [TheTopNews] Read More.2 days ago
- Four of the six crew members on a US refuelling plane that crashed in Iraq are c...Iraq became the main theatre of war in the Middle East on Wednesday as one drone attack killed a French soldier in the country and another hit British special forces. [TheTopNews] Read More.2 days ago
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Trump spoke out amid rumors Mojtaba Khamenei is dead or gravely injured after he has not been seen in public since taking office. [TheTopNews] Read More.
2 days ago
Rising bond yields may keep rates above 6% for a while By Mark Huffman of ConsumerAffairs March 13, 2026 30-year mortgage rate rises to 6.11%, returning to roughly the same level seen last month, according to Freddie Mac. Rates remain lower than a year ago, when the average 30-year mortgage was 6.65%. Early signs of spring housing activity are emerging, with existing-home sales rising 1.7% in February and purchase applications increasing. Mortgage rates ticked up slightly this week but remain lower than they were a year ago, a trend that could help support demand as the spring homebuying season begins. Freddie Mac said Thursday that the average rate on a 30-year fixed mortgage rose to 6.11% for the week ending March 12, up from 6.00% the previous week. At the same time last year, the average rate was 6.65%, meaning borrowing costs remain more than half a percentage point lower than a year earlier. The average 15-year fixed mortgage a common option for homeowners refinancing or seeking shorter loan terms increased slightly to 5.50%, compared with 5.43% last week and 5.80% a year ago. Sam Khater, Freddie Macs chief economist, said the modest increase still leaves rates within a range that buyers appear willing to accept. The 30-year fixed-rate mortgage returned to last months level of 6.11%, Khater said. Despite the modest uptick, buyers are responding to rates in this range, with existing-home sales increasing 1.7% in February. More people taking out mortgages Khater also pointed to a recent rise in mortgage purchase applications, which track demand from prospective homebuyers. The increase suggests buyers are beginning to reenter the market as the traditionally busy spring season approaches. Lower borrowing costs compared with last year could help boost affordability for some buyers, even though mortgage rates remain well above the ultra-low levels seen during the pandemic housing boom. For a typical borrower, the difference between a 6.65% rate last year and 6.11% today can translate into meaningful monthly savings. Still, affordability challenges persist due to elevated home prices and limited housing supply in many markets. Even so, the recent stability in mortgage rates could encourage more buyers who had been waiting on the sidelines to start shopping. If purchase applications and home sales continue to rise in the coming weeks, it may signal that the spring housing market is gaining momentum… [TheTopNews] Read More.
2 days ago
The U.S. Equal Employment Opportunity Commission (EEOC) filed an action in federal court to enforce a subpoena issued during its investigation into allegations against JamRock Solutions LLC. JamRock Solutions is an Amazon delivery service partner, and a charge received by … [TheTopNews] Read More.
2 days ago
LIVE: Follow the latest developments on the US-Israel war with Iran as Iranian drone strike causes buildings to shake in the city's financial centre. [TheTopNews] Read More.
2 days ago
Iraq became the main theatre of war in the Middle East on Wednesday as one drone attack killed a French soldier in the country and another hit British special forces. [TheTopNews] Read More.
2 days ago
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